Senior Executive-Marine Underwriting, Commercial Lines UW

Liberty Specialty Markets; Malaysia; Hybrid; MYR 60,000 - 90,000; Full time

Job summary

Liberty Specialty Markets in Malaysia seeks an underwriting professional to assist the Head in planning and driving underwriting budgets and profits. You will ensure smooth administrative operations, assess risks, and prepare quotes while negotiating policy terms with intermediaries or policyholders.

The role involves monitoring portfolios, supporting data analytics, updating underwriting policies, and assisting with distributions and system UAT testing in a General Insurance context.

Qualifications

• Minimum degree in any related field.
• Minimum 2-3 years working experience in Underwriting.
• Marine Underwriting knowledge is an added advantage.
• Preferably working in General Insurance industry.

Responsibilities

• Assist the Head through effective planning to achieve underwriting budget and profit.
• Ensure effective administration of day-to-day operations in line with SOP across all support functions.
• Assess risk acceptance according to underwriting guidelines.
• Prepare quotations/modify quotation slips of risks.
• Negotiate and define terms of insurance policies with intermediaries or policyholders.
• Monitor the portfolio and metrics related to underwriting activities and data analytics.
• Assist in updating underwriting policies and procedures timely.
• Assist in providing technical support for Distributions team.
• Execute system implementations and UAT testing.

Skills

Underwriting

Risk assessment

Quotations

Negotiation

Policy terms

Data analytics

Education

Degree in any related field

Job description

Responsibilities

• Responsible assisting the Head through effective planning, managing to achieve underwriting budget and underwriting profit in accordance with the company/regulatory guidelines or benchmark.
• Ensure effective and efficient administration of day-to-day business operations in line with SOP across all support functions.
• Assessment of risk acceptance according to underwriting guidelines.
• Prepare Quotations/ modify Quotation Slips of risks.
• Negotiate and define the specific terms of insurance policies with intermediaries or policyholders.
• Monitor the portfolio and metrics related to underwriting activities, processes and risk acceptance rules in accordance with data analytics.
• Assist in updating the underwriting policies and procedures timely.
• Assist in providing technical support for Distributions team.
• Execution of System implementations and UAT testing.

Requirements

• Minimum Degree in any related field
• Minimum 2-3 years working experience in Underwriting
• Marine Underwriting knowledge is an added advantage
• Preferably working in General Insurance industry